{"id":2973,"date":"2025-10-12T21:20:31","date_gmt":"2025-10-12T21:20:31","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=2973"},"modified":"2025-10-12T21:20:33","modified_gmt":"2025-10-12T21:20:33","slug":"ibbi-nclat-delhi-judgement-dated-19-09-2025-resolution-plan-rightly-not-approved-since-deed-claimed-by-corporate-debtor-is-unenforceable","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/10\/12\/ibbi-nclat-delhi-judgement-dated-19-09-2025-resolution-plan-rightly-not-approved-since-deed-claimed-by-corporate-debtor-is-unenforceable\/","title":{"rendered":"IBBI, NCLAT Delhi Judgement Dated 19\/09\/2025 – Resolution plan rightly not approved since deed claimed by Corporate Debtor is unenforceable\u00a0"},"content":{"rendered":"\n

Case of CoC of Jupitar Spun Pipes & Casting Pvt Ltd vs Bihar State Industrial Development Corporation Ltd, NCLAT Delhi Judgement Dated 19th<\/sup>\u00a0September 2025.<\/em>\u00a0The appellate tribunal held that order of Adjudicating Authority refusing approval of resolution plan justified since deed claimed by Corporate Debtor is doubtful and questionable and accordingly, asset cannot be treated as asset of Corporate Debtor.\u00a0<\/p>\n\n\n\n

(Link: NCLAT Delhi Judgement Dated 19\/09\/2025)<\/em><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Case of CoC of Jupitar Spun Pipes & Casting Pvt Ltd vs Bihar State Industrial Development Corporation Ltd, NCLAT Delhi […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,69],"tags":[],"class_list":["post-2973","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-judiciary-ibbi"],"yoast_head":"\nIBBI, NCLAT Delhi Judgement Dated 19\/09\/2025 - 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